Surprisingly, One Of The Most Profitable Products You Can Add To Your EBiz Line-up Is Information. There Are Multiple Kinds Of Information Products, From Hard-copy CDs And Printed Materials, To Database Products And Web Site Memberships.According To Well-known Author And Serial Entrepreneur Tim Knox, The Highest-margin Information Products Are Those That Are Both Digital And Downloadable, Such As E-books And Audio Or Video Files. Explains Knox, With No Manufacturing Process, Minimal Overhead, And No Shipping Costs, Theyre Inexpensive Both To Create And Markettheir Margins Are Often Upwards Of Seventy-five Percent.The Information AdvantageBeyond Low Costs, Selling Information Products Offers EBiz Owners Numerous Other Advantages: No Ongoing Customer Service Or Labor-intensive Updating, As With Database Products No Storage Considerations, As With Hard Goods No Product Or Package Design Process Ease Of Delivery Simple To MarketSourcing Information ProductsSo How Do You Locate These Amazing Products? Actually, You Have Two Options: First, You Can Resell Someone Elses Products As An Affiliate. Google And ClickBank Are Good Sources To Find Information Goods On Your Chosen Topic. The Original Seller Processes And Delivers The Order, And You Receive A Commission For The Sale.Your Second Option Is To Create The Merchandise Yourself. If You Dont Feel Qualified To Put Something Together On Your Own, You Can Contract Someone From A Site Like Elance, RentACoder, Or CraigsList To Ghost-write Something, Or To Turn Your Idea Into An Audio Or Video File.Selling Information ProductsIf You Sell Hard Goods, Information Merchandise Provides A Great Counterpart To Your Current Offeringsyou Want To Choose A Topic That Will Be Of Interest To Your Target Audience. Besides Your Own Website, You Can Also Use EBay As A Sales Channelthey Now Have An Entire Category Devoted To Information Goods.Youre Not Limited To Selling Info Products In The Traditional Sense. You Can Also Use Them As Loss Leaders To Gain Backend Salesthat Is, You Can Give Them Away To Bring People To Your Web Site To See The Hard Goods You Sell There. Or You Might Offer To Send A Free Product To Everyone Who Opts-in To Your Newsletter, And Let Those Backlinks Drive Sales To Your Store.Delivering The GoodsThe Key To Creating Successful Information Products Is To Over-deliver In Terms Of What Your Customers Expect. These Simple Guidelines Can Get You Moving In The Right Direction: Dont Short People On Contentlots Of Rich Content Justifies The Price. The More Specific The Subject Matter, The Betterpeople Are Searching For Long-tail Information. Your Product Should Look And Feel Professional. If It Looks Sloppy Or Amateurish, Youll Have A High Refund Rate And Quickly Earn A Bad Rap. Avoid Filling Your Product With Advertisements, Even If Youre Giving It Away. Its Acceptable, Even Advisable, To Include Backlinks To Your Website; But Your Product Shouldnt Be Merely A Sales Pitch.Whether Its Barbequing The Best Ribs, Marketing To Baby Boomers, Traveling With Children, Or Repairing Golf Clubs, Theres A Market For Almost Any Subject You Decide To Cover. You Dont Need A Revolutionary New Topicjust A New Spin On A Topic That Makes It Your Own. Once You Choose The Subject, Crafting The Product Is Easy. Says Knox, No Matter What You Sell, You Should Be Able To Create An Information Product To Complement That Item. Anybody, Regardless Of Technical Ability, Can Create A Sellable Information Productyoure Only Limited By Your Imagination.
